Course Information

This course is an intermediate level course designed for the practicing appraiser and builds on IAAO Course 102 training. An understanding of the income approach to value and practical experience with income capitalization are essential prerequisites. Problem solving requires a calculator with a power key. This course makes extensive use of financial compounding and discounting techniques. Emphasis is on developing financial factors by way of electronic devices with slight references to pre-printed tables. Forecasting income patterns and property value changes are prominent variables used in estimating present values. Formula driven models are the primary appraisal tools. Market value estimates through yield capitalization are the principal focus of the course.

This live online offering is sponsored by IAAO. For more information, including to pay by invoice, please reach out to education@iaao.org.

Students attending this course are required to have a webcam on during the class to receive attendance credit.

To ensure a smooth examination process, please note that both a webcam and a computer meeting the system requirements for ProctorFree are essential. For detailed insights into these prerequisites for taking an IAAO proctored exam, kindly refer to the Exam Resources page and the ProctorFree technical requirements.

Course Dates

This class begins at 9am Central time starting on Monday, September 30, 2024 and ends on Thursday, October 3, 2024.

Exam Block Information

Exam Block Begins: Friday, October 4, 2024 | Exam Block Ends: Wednesday, October 9, 2024

Instructor: Michael Lendi, AAS, CMS